Fanduel Hands More Equity to Backers in Merger-Termination Deal – As a consequence of the failed merger, the proportion of Fanduel’s stock that is owned by Shamrock, KKR, and other investors including NBC Sports Ventures, Google Capital, and Time Warner Investments has increased from 54% to 71%. This also overrides Fanduel’s right to buy back the shares issued as part of 2014 and 2015 rounds.

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